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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (10329)	11/6/2001 8:28:12 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 23153

Hi Michael, Thanks for the elaboration of your analysis. Well done and convincing. Any idea why the market would ramp it 50%? Seems implausible after reading your critique of the income and balance sheets. Just a silly momo move? -Ray

To: The Ox who wrote (10329)	11/6/2001 11:08:32 PM
From: que seria	Read Replies (1) \| Respond to of 23153

Michael: Concur with your value indicators, which point to some other nice tech shorts out there: BRCD stockcharts.com[h,a]dbclyymy[pc25!c50!c200!i!f][vc60][iUb14!Lk14!La12,26,9!Lc14!Lg!Ll14] BRCM stockcharts.com[h,a]dbclyymy[pc25!c50!c200!i!f][vc60][iUb14!Lk14!La12,26,9!Lc14!Lg!Ll14] XLNX stockcharts.com and dare I say it, even IBM stockcharts.com[h,a]dbclyymy[pc25!c50!c200!i!f][vc60][iUb14!Lk14!La12,26,9!Lc14!Lg!Ll14] BRCD,BRCM and XLNX have P/S ratios in the 9-12 range. Only BRCD makes money, but for its income stream it charges you a ttm P/E of 80 although next year’s consensus earnings growth moves only from .27 to .28 per share. I’m trying not to be early shorting, but I added BRCD and IBM today. Will likely add BRCM if I see it hit 42 and topping action in the Naz. Major resistance for XLNX at 40. BRCD just filled gap at 30. Each of them is pricing in a recovery that I don’t see. IBM makes money and is dangerous to short, being pumped-up on accounting steroids and meeting that “refuge” need for big money. It’s the only one where I’ll be stopping out if tomorrow shows a rally.